Question
Sherman Company reported the following variances in Year 2. Which of the variances would be considered unfavorable? Standard Actual Sales price $ 18 per unit
Sherman Company reported the following variances in Year 2. Which of the variances would be considered unfavorable?
| Standard | Actual | |||
|---|---|---|---|---|
| Sales price | $ 18 | per unit | $ 16 | per unit |
| Labor cost | $ 6 | per unit | $ 5 | per unit |
| Materials cost | $ 4 | per unit | $ 2 | per unit |
| Labor usage | 12,000 | hours | 8,000 | hours |
Multiple Choice
labor usage
sales price
materials cost
labor cost
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
